Investors should consider Nike as a strong investment opportunity with controlled inflation, solid financials, and a new CEO ...
Latest PCE Report Shows Inflation Coming Under Control Both the ... Those numbers remain unchanged following the report’s release. Shares of Nike NKE are surging in premarket trading.
amid a degree of caution ahead of the release of key U.S. inflation numbers. A weak outlook from sporting retail giant Nike also weighed, although a continuation of the year-end rally with weekly ...
Core inflation, which excludes volatile food and energy prices, was 1.96%. Even the higher number is below the Federal Reserve's 2.0% target." Also in the spotlight was Nike (NKE). Shares of the ...
The Dow, in particular, was feeling pressure from Nike—one of the index’s 30 constituents—with the stock down 11% in premarket trading after the company said it would embark on a $2 billion ...